You believe that prudent management of government finances leads to economic stability, reduced debt, and sustainable growth for the nation.
Fiscal responsibility is a political ideology that emphasizes the prudent and efficient use of government revenue sources and the control of government spending. It advocates for balanced budgets, reduction of public debt, and the avoidance of budget deficits. This ideology is rooted in the belief that governments should not spend more than their income and should avoid unnecessary debt.
The history of fiscal responsibility as a political ideology can be traced back to the classical liberal tradition of the 18th and 19th centuries. During this period, thinkers like Adam Smith and Dav…
Read more@ISIDEWITH3mos3MO
What do you think are the effects of personal financial stress on a student's academic performance?
@9KDS9553mos3MO
I feel like a student would not be able to perform at the best of their ability when they are always worried about tuition because they won't be able to pay it.
@9KDRRJ93mos3MO
More money = higher chance to succeed unfortunately
@9KDSFXD3mos3MO
its important for students to succeed and be given the patience for that goal.
@9KDRXW83mos3MO
The effects have to be too worried about school and how youre gonna pay for school at the same time
@ISIDEWITH3mos3MO
In your opinion, what personal sacrifices are acceptable to avoid debt?
It’s incredibly messed up that some people have to sacrifice their well-being and their entire social life to escape/avoid debt, especially with college debt. People should not have to go through things like that.
Make smart choices and not take out a bunch of loans if you cant it off.
@ISIDEWITH4mos4MO
What measures do you take when you want to save for a big purchase?
@9JJPN4L4mos4MO
Just save my money put it in my savings and add more money to the savings to buy whatever the big purchase I want to buy
@9JJPBDKIndependence4mos4MO
I save up money , work hard and do a budget. I also see if it is useful for me to use in the future.
@9JJNW674mos4MO
I save just bit of my payment and put it of to the side and I keep building more money towards it
@ISIDEWITH7mos7MO
How would you prioritize government spending if you were in charge of the budget?
@9HCWG5K 6mos6MO
Cut funding to the military, raise taxes on the rich and close tax loopholes, reverse Trump-era tax cuts, and invest in renewable energy and infrastructure renewal and expansion with a particular focus on Trains.
@9HCWRM56mos6MO
I would prioritize government spending on Welfare and Healthcare, and decrease spending on the U.S. military budget.
@9HCW3HG6mos6MO
Collectivization and massive government spending for individual stimulation. Socialism
@9HCWVLYIndependent6mos6MO
I would maintain the current spending for the military, but raise taxes on the rich, close tax loopholes, reverse Trump-era tax cuts, focus on healthcare
@ISIDEWITH5mos5MO
What's more important for a government to fund: space exploration or infrastructure, and why?
@9HYQ2GQ5mos5MO
I feel as if infrastructure is probably important as of right now in this case, space exploration could be more important to our future but as of right now I feel as we have to make sure our buildings are stable and with that extra money instead of building more and using more space we could build off what we had and all the burnt down or houses broken down from torandos and hurricanes can be fixed for people to live in which means less homeless on the street.
@9HYQ584Libertarian5mos5MO
Infrastucture, because space is cool, but it does not have the same influence and impact on our everyday lives. We are not at a point technologically where space exploration can be considered to be beneficial.
@9HZKCV55mos5MO
Space will take years to explore and even decades so it will take forever to explore and get even a little bit of benefits out of it.
@9HYQJ4N5mos5MO
although space exploration can be incredibly helpful and interesting. I think for funding the money at least for a little bit should be spent on infrastructures in our economy to help alleviate some other economic suffering.
@9HYPZTQ5mos5MO
space exploration. the world already has a lot of buildings and roads taking up the world.
@ISIDEWITH5mos5MO
How would you cope with the moral dilemma of cutting a community program to balance a budget?
Find another way to fund the program whether through a sales tax or some form of revenue. Cuts to community programs are always a bad thing.
@9HXD2FZ5mos5MO
The inability of the government to balance its budget suggests poor structuring of government expenditures and poor accountability of the return on government investment including in community programs. If effective and return-investing alternatives ways of maintaining a community program are not feasible, the government must determine what expenses are best to preserve and figure out ways to use the tax system to incentivize private industry to invest where the government has been forced to retreat.
@9HX7DRK5mos5MO
I wouldn't mind it as long cutting that community program doesn't cause any social or economical problems.
@9HX7HR65mos5MO
I would make sure the community is okay with it before going behind the public's back.
@9HX7F765mos5MO
I think it's dumb if the government is having so many problems with the budget they should cut from the military and NASA spending our funding is unbalanced and needs review asap.
@ISIDEWITH5mos5MO
What have you learned from observing your community's financial decisions during a crisis?
@9HTMFYP5mos5MO
a community's financial decisions are really important, especially during a crisis. During a crisis, like a natural disaster or a pandemic, it's even more important for individuals and communities to practice fiscal responsibility. This means making smart choices with money and resources to help the community stay afloat.
@9HTM98WProgressive5mos5MO
Panic is bad for communities as too much faith is put into one person
@9HTLRQM 5mos5MO
Pumping money into the system only increases inflation making any financial aid useless since everyone receives the aid.
What I have learned from my community's financial decisions is that high income people have a lot to show on their properties.
@ISIDEWITH7mos7MO
How do you feel about governments borrowing money to fund immediate needs or emergencies?
@9HF2WTCLibertarian6mos6MO
This makes sense, but it needs to be heavily regulated and not just whoopdydoo whatever the frick.
@9HF36XH6mos6MO
I don't like it ; it would only put us more in dept
@9HF6WPM6mos6MO
I think it is fine as long as you pay the debt back in a timely manner I don't see the problem in doing it.
@9HF73RW6mos6MO
Governments should be more efficient with the funds that taxpayers already give them. The risky and excessive spending by the government should have consequences.
@ISIDEWITH5mos5MO
How do you decide when to save your money and when to invest in experiences, like a concert or trip?
If I need a break I might invest in an experience but I try to save money until I’m burnt out
@9HX72975mos5MO
I save all the time. However I still live paycheck to paycheck because of my expenses. I don't really go to trips or concerts,
@ISIDEWITH2mos2MO
In what ways has personal or family financial stability influenced your future aspirations or educational goals?
@9LJ7RFT2mos2MO
financial stability helps me to achieve those future aspirations and educational goals
@9LJ764LPeace and Freedom2mos2MO
Growing up with parents that couldn't/ didn't want to go to college I've grown to become the same and just seeking to find something that is easy and pays enough. Though there are still aspirations for me to go to college.
@ISIDEWITH4mos4MO
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